Higher energy prices as a result of the Iran war have pushed up the inflation rate in Saxony significantly. Consumer prices in March 2026 were 2.8 percent higher than in the same month last year, according to preliminary figures from the State Statistical Office in Kamenz. In February 2026, the inflation rate was 2.3 percent, as it was in January.
In particular, the current developments on the crude oil market led to significant price increases for heating oil (41.5 percent) and fuel purchases (18.6 percent). Without the influence of these items, annual inflation would have been just 2.2 percent.
